Core42 expands AI business in New York amid growing demand

Abu Dhabi-based Core42 said it will expand artificial intelligence operations in New York, adding new computing capacity to help meet the growing demand for AI services in the U.S. 

The expansion will bring Core42’s total capacity at its Lake Mariner campus in upstate New York to more than 100 megawatts, making it one of the company’s largest overseas AI infrastructure sites.

Core42, a unit of Abu Dhabi’s AI-focused G42 group, said in a press release that the project is part of its strategy to build digital infrastructure and run advanced AI systems for businesses, governments and other large customers.

The New York expansion is the latest step in Core42’s push into the U.S. and Europe, where it has been investing heavily in data centers and cloud computing. The company recently secured $550 million in financing from HSBC to support international growth.

G42 expands U.S. footprint with AI data center in Minneapolis

G42, the UAE’s government-backed artificial intelligence company, is moving forward with expansion plans in the U.S. by opening a new data center in downtown Minneapolis, Minnesota.

A unit of the Abu Dhabi-based firm, Core42, leased space in a converted office tower in the Midwest city that is being redeveloped into an AI data center, as it seeks a bigger foothold in the U.S. market amid surging demand for high-speed computing, Bloomberg reports.

The Minnesota project is part of the strategy pursued by G42 Chairman Sheikh Tahnoon bin Zayed, the UAE’s National Security Advisor, to turn the company into a global AI leader through partnerships with U.S. technology firms, including Microsoft and OpenAI.

G42, which is also operating in California, Texas and New York, announced in February that it’s leading a $1 billion project in Vietnam to build data centers and provide cloud computing services.

At the Milken Institute’s Global Conference 2026 in Los Angeles this week, Mubadala Deputy Group CEO Waleed Al Mokarrab Al Muhairi said that disruptions from the ongoing conflict with Iran won’t stop the sovereign wealth fund – which holds a minority stake in G42 – from increasing its investments in the U.S.